Trading plan: BTCUSD (Bitcoin)

17. Juli 2018

Current situation:
Bitcoin quotation bounced upward, to the sales area, as we predicted. Today we expect a slight rollback of Bitcoin's price down to the nearest support levels, and the continued growth.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$ 6896;
$ 6794.
Support levels:
$ 6555;
$ 6390;
$ 6120;
$ 5942.
Forecast:
The increase in Bitcoin's price from the level of $ 6555 or $ 6390 in the zone: $ 6896 - $ 6794.

17. Juli 2018

Anmerkung

Trend analysis: BTC / USD (Bitcoin)
Bitcoin is in a downtrend.
The cancellation of the bearish trend will be confirmed by the breakdown and fixing of Bitcoin's price above the level of $9300. The forecasted level of the end of the correction on BTC / USD is the price zone: $7400- $7600, there is the resistance line of the previously broken figure triangle.
Current situation:
Yesterday, Bitcoin price rose by 6%. We forecast further growth of the price of ETH / USD to the level of $6815. Today we do not exclude the correction of Bitcoin's price down to levels: $6500, $6410 and $6333.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
1. $6815;
2. $7026;
3. $7187;
4. $7270;
5. $7470.
Support levels:
1. $6410;
2. $6333;
3. $6276;
4. $6100;
5. $5939;
6. $5779.
Forecast:
The rise in Bitcoin's price from the $6333- $6500 zone with the target at $6815.